Investing in the highly underdeveloped African infrastructure sector
General Electric, together with the Mara Group and Atlas Merchant Capital are leading an initiative to create a joint venture dedicated to investing in the highly underdeveloped African infrastructure sector. The joint venture will seek to invest in infrastructure equity projects in selected countries throughout Africa.
With the African population set to rise to 1.5bn by 2025, the continent’s economic growth potential is significant. Africa presents high growth prospects in power generation, transport, oil & gas and other infrastructure areas including mining. The joint venture will focus on this broad set of segments by facilitating access to capital, thus offering the ability to execute and fully finance both advanced and early development stage projects.